Search
  • Home
  • Media center
    • News
    • Biz updates
    • Life
    • Specials
    • Videos
    • Photos
  • Government
    • News release
    • Personnel changes
    • Annual reports
    • Officials
    • Bureaus
  • Living
    • Life
    • Dining
    • Shopping
    • Entertainment
    • Arts
      • Craftworks
      • Theater performances
      • Museums
      • Galleries
      • Art zones
    • Transportation
    • Services
    • FAQ
  • Doing business
    • Biz updates
    • Introduction
    • Planning
    • Procedures
    • Policies
    • Industries
    • Industrial parks
    • Enterprises
  • Visiting
    • Travel log
    • Attractions
      • Historical
      • Parks
      • Religious
      • Museums
      • Nature
      • Landmarks
    • Itineraries
    • Maps
    • Transportation
    • Hotels
    • Dining
  • Study
    • Student stories
    • Overview
    • Universities
    • Scholarships
    • Services
    • Learning Chinese
    • Testing
  • About
    • Profiles
    • Maps
    • Districts
    • Special areas
    • Festivals and events
    • History
  • Events
    • Dates
    • Categories
  • Forum
 
Home / Biz updates

Regus in the right spot for business

Updated: 2015-05-06 /By Meng Jing (China Daily)
  • printer
  • mail

Finding the right office to start up your business in Beijing and Shanghai can be a nightmare with sky-high rents.

But with temporary office provider Regus, budding entrepreneurs are finding the right place for the right price.

The world's largest flexible workplace solutions company has 3,000 centers in 900 cities in 120 countries, according to its website.

"Fifteen years ago when Regus entered China, almost all of our clients were multinational firms," Conan Quan, area director of Regus China, told China Daily.

Regus, which is based in Luxembourg, specializes in finding the right offices for not only big clients, but also small ones. Companies can rent them by the day or year and share the facilities.

Business is booming as the company plans to expand further in China by opening new office locations throughout the country.

Without revealing details of the company's expansion plans, Quan said that in 2013 offices opened by Regus China jumped from around 70 to more than 100.

This pace of expansion is already overshadowing other global markets.

China is now the company's fourth-largest market.

"Today we see an increasing number of Chinese firms, whether big or small, as they gradually understand the upsides of this co-working model we offer to the office space market," said Quan.

"Most importantly, companies can expand or shrink the office space whenever they want to change their staffing arrangements," Quan said

The flexibility Regus offers can help cash-strapped startup companies. Song Wei, founder of an export company employing six staff, moved into a fancy Regus office in Pacific Century Place in Beijing. The company's old headquarters was in an old factory in the district of Huairou.

"The move is good for the company's image," said Song. "We want our potential customers to take us as seriously as businesspeople."

As the clear market leader in China, Regus is not afraid of competition, but the sector can be difficult.

"Transitioning from a predominantly fixed to a more flexible mode of work is difficult and despite the significant benefits, it's often a major physical and cultural change for companies," said Quan.

News:
  • Peking Opera thriving in Hawaii
  • Americans go 'Hao' over Jingju
  • Beijing holds Feast of Golf
  • Li Lei brings his visual symphony to Beijing
  • A better Beijing in the Year of the Rooster?
  • 刷脸进站(shuāliǎn jìn zhàn): 'Face ticket' at train stations
Specials:
Tsinghua Holdings Co. Ltd launched “Top 10 Talents” in response to the 13th Five Year Plan goal of building Beijing into a national Technology & Innovation Center with a creative spirit and innovative cultural atmosphere.
Top 10 Talents of Tsinghua Holdings read more
Videos:
Easy Talk: Advocating environment protection through storytelling read more

Turn the page and discover Beijing in all its eclectic delights.

Explore the charm of the city in our promo videos

    • Contact
    • Site Map
    • Disclaimer
Copyright © 2011 China Daily All Rights Reserved Sponsored by Beijing Municipal Government Powered by China Daily              京ICP备10023870号-9